November 8, 2019: Basic Attention Token (BAT): Up 0.32%; Unusual Moves In Holders Added And Transfers Added

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Basic Attention Token Price Update

Basic Attention Token is up by approximately 0.32% from the previous day, with its price currently hovering around $0.2518 USD. The up day for Basic Attention Token yesterday was a reversal from the day before it, which puts its price at 6.14% above its 20 day moving average. Over the past two weeks, price has been in an up trend. Basic Attention Token’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $0.217908 and $0.256552. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.

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The currency’s market cap currently stands at $343 million US dollars.

Unusual Developments

The following metrics showed unusual change over the past 24 hours for Basic Attention Token: holders added and transfers added. Further investigation may be warranted.

Straight Off the Chain

Over the past 24 hours, -1,386,366 transfers have been added to the blockchain recording transactions amongst holders of Basic Attention Token. As for the number of holders, yesterday saw the number of wallets holding Basic Attention Token rise by 1475. To provide context, we’d rank this token as 3.5 out of the 36 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.

Observing Basic Attention Token’s Richest Wallets

In terms of wealth concentration, the richest 1,000 wallets own 87.67% of the coin’s total money supply. If we focus on exchanges, which may be an correlated with liquidity and greater confidence in the currency, the exchange wallets that are in the top 1,000 wallets own 3.38% of the currency’s total money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by 0.09% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.01%. Basic Attention Token’s smart contract owns approximately 0.02% of its own total money supply. This amount hasn’t changed over the past week.

Technical Development Status

Basic Attention Token has been active recently on its GitHub repos, with its most recent code updates occurring today, November 08, 2019. To understand how code development is progressing, we can observe growth rates over the past 30 days in the number of open issues and the number of watchers: open issuers have been growing at about 0.6 per day, while the number of followers watching Basic Attention Token’s repositories is growing by 0.23.

The Latest on Basic Attention Token and Social Media

Traders interested in following Basic Attention Token has the biggest presence on Twitter, where it has 107,441 users engaged. Use this link to follow Basic Attention Token on Twitter.

Where to Buy

You can trade Basic Attention Token, listed under the symbol BAT, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex.

Article by SixJupiter

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